Category: Tips & Tricks

Closing the Year in Sage 50: Some items to consider

Many of our clients generate their tax and financial reports on a calendar year basis. With that in mind, here are some year-end accounting items that should be reviewed as the calendar year draws to a close. These same points

Tagged with: ,

Using a Modern General Ledger

In a recent white paper “The 10 Essentials of an Effective Financial Solution”, the first point identified as essential in the paper is a “modern general ledger”. Let’s see how Sage 50 meets this criteria. Premise: The modern general ledger (G/L)

Tagged with: , ,

Financial Reporting A-B-C’s in Sage 50

Most business people today are familiar with the two standard financial statements: Balance Sheet and Income Statement. But there is a third meaningful statement available in your Sage 50 software: the Cash Flow Statement.

High Security Check Stock Available

Check fraud losses are in excess of a billion dollars a year. TriStar’s source for checks has released new checks with the latest security technology. These new high security checks are the same price as previous checks purchased from TriStar.

Tools for Inventory Management

As manufacturers and distributors should be well aware, careful management of inventory is essential to business profitability. A significant portion of a company’s assets can be invested in inventory. Knowing how many, where, and in what condition that inventory resides